U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces ...
The decision by Saudi Aramco to cut the price of its crude oil for Asian refiners for December cargoes has been viewed as a ...
Oil prices plunged in early Wednesday trading, erasing previous gains as both WTI and Brent crude faced renewed selling pressure. Persistent oversupply from major producers continues to weigh on ...
Oil prices tumbled over 2.5% as new projections from OPEC and the IEA indicated a more balanced, softer market outlook and political uncertainty in Washington dampened near-term consumption forecasts.
Oil prices softened on Wednesday but held onto most of their gains from the previous session amid expectations that an end to ...
Permian oil producers struggle for growth as gas peers surge on LNG demand and power generation optimism heading into 2026.
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Oil Prices Edge Higher as U.S. Shutdown Nears End, Oversupply Caps Gains
Oil prices stabilized with modest gains on Monday as the end of the 40-day U.S. government shutdown offered a demand boost, but the market remains capped by persistent global oversupply and cautious ...
The cancelation of flights and refinery issues have played a role in keeping gas prices from dropping further.
Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow. By Rebecca F. Elliott The price of oil has dropped to some of its lowest levels of ...
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